Was Mike F. right to share his frustration to 45,000 IB members? Who knows. Mike Chen probably does deserve to have his reputation dragged through the mud, but it doesn’t seem to be doing IB members any good.

Mike F should have had an attorney involved within two days.

And frankly, he should have had an attorney deal with the transfer to begin with. If all the is were dotted and ts were crossed when the business was purchased, this wouldn’t have happened.